OKANAGAN REAL ESTATE MARKET SHOWING RESILIENCE

May 6, 2026

Ryan Mayne is President of the Association of Interior Realtors

KELOWNA – Residential real estate activity in April showed great resilience in the Interior in comparison to other BC markets, reports the Association of Interior REALTORS®.

A total of 1,319 residential unit sales were recorded across the Association region in April, up from March’s 1,154 units, and up 0.2% compared to units sold in April 2025.

New residential listings saw an 8.9% decrease compared to April 2025 with 3,134 new listings recorded last month, yet up from the previous month’s 3,059 new listings. The total number of active listings saw a 5.0% decrease in inventory compared to April 2025 with 8,926 recorded across the Association region. The only percentage increase in active listings across the Association region was recorded in the Kamloops and District region with a total increase of 2.3% compared to April last year.

“With sales closely tracking last year’s activity, the Interior real estate market remains comparatively resilient amid other provincial markets that are experiencing increased volatility,” says Association of Interior REALTORS® President Ryan Mayne, adding that “with healthy inventory levels, balanced market conditions and prices staying fairly steady, it remains important for sellers to price appropriately at the onset so listings don’t go stale.

In the Okanagan and Shuswap/Revelstoke regions, the benchmark price for single-family homes saw decreases last month in all sub-areas in year-over-year comparisons with the exception of the Shuswap/Revelstoke region that saw a percentage increase of 2.3%, coming in at $725,800. The townhome housing category saw percentage increases in all sub-areas with the exception of the Central Okanagan region that saw a slight decrease of 1.5% compared to the same month the previous year, coming in at $724,000. The benchmark price in the condominium housing category saw decreases in all sub-regions compared to April 2025 with the highest percentage decrease of 2.3% recorded in the Central Okanagan, coming in at $497,500.

Source: interiorrealtors.ca

 

The Business Examiner Thompson Okanagan provides business news, advice, and data for the following communities: Kelowna, Kamloops, Vernon, Penticton, Salmon Arm, Peachland, Summerland, Osoyoos, and Oliver
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